AIB Irish Economic Outlook May 2026
by AIB Treasury's Economic Research Unit
 
  • Softer global growth due to geopolitical risks
  • Irish economy to post weaker growth due to uncertainty
  • Consumers will continue to expand spending
  • Inflation will rise, but not expected to reach 2022 levels

 

The global economy started 2026 on a strong footing. Indeed, US tariffs have not escalated to the extent expected post ‘Liberation Day’ in April 2025, and some measures were struck out, at least temporarily, by the US Supreme Court in early 2026. A key driver of this resilience has been the surge in AI-related investment, particularly in the US. 
 
 
 
AIB Market Talk Podcast - The Irish Economic Outlook: Resilience in Uncertain Times
 
 
For further insights, you can listen to AIB’s Chief Economist, David McNamara, alongside Jane Kavanagh from AIB’s Corporate Treasury Desk, as they explore the key themes and implications of this Economic Outlook in more detail.
 
 
 
Click here to listen and SUBSCRIBE to our AIB Market Talk podcast
 
 
 
 
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